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Latest StoriesRegulatory

Common Area Changes Require Two-Thirds Resident Approval: WBREAT

KOLKATA: The West Bengal Real Estate Appellate Tribunal (WBREAT) has sided with homebuyers at ‘Atmosphere – the luxurious condominium’ located off EM Bypass. On Friday, the tribunal upheld RERA’s interim order preventing developers from ‘alienating, transferring, or dealing’ with any portion of the project or its common areas. Previously, 10 residents of the development accused the promoter of unilaterally altering plans without the required consent from 2/3 of the existing allottees. On February 25, 2025, the High Court allowed construction to continue based on the modified plans, contingent upon the results of arbitration proceedings brought by some allottees. In its…

Latest StoriesResidential

Delhi: DDA Unveils Phase Two of ‘Towering Heights’ Project

NEW DELHI: On Saturday, the Delhi Development Authority (DDA) launched the second phase of its housing initiative, ‘DDA Towering Heights,’ located in Karkardooma. Supervised by NBCC, this premium residential project features a 48-storey tower, reaching a height of 155 metres, making it the tallest residential building in Delhi. “The scheme includes 741 flats available for retail buyers on a First Come First Serve basis, along with 107 flats designated for bulk allocation to government bodies,” a DDA statement indicated. DDA officials announced that the registration for flats will commence on January 8 and conclude in March of this year. “A…

Latest StoriesRegulatory

Mangaluru Launches Ward Survey to Boost Property Tax Revenue

MANGALURU: In an effort to enhance revenue collection, the Mangaluru City Corporation (MCC) has initiated a ward-wise survey to accurately assess the number of properties and boost revenue further. MCC revenue officials have conducted multiple preparatory meetings to plan spot inspections for this survey. The first phase was inaugurated by MCC commissioner Ravichandra Naik in the Attavar ward on Friday. MCC’s deputy commissioner (revenue in-charge), Akshatha K, informed TOI that the city corporation currently oversees 222,256 properties spread across 60 wards within its jurisdiction. “We aim to obtain a comprehensive understanding of the actual number of properties in each ward,…

Latest StoriesRegulatory

Jaipur Civic Body Seizes Five Properties for UD Tax in Murlipura

JAIPUR: The Jaipur Municipal Corporation (JMC) has ramped up its efforts to recover outstanding urban development (UD) taxes, taking decisive action against defaulters in the Murlipura zone. On Friday, five properties were attached due to unpaid dues. Following this action, the property owners quickly paid approximately Rs 8 lakh through RTGS, cheques, and cash, making use of the state government’s current waiver on interest and penalties. Murlipura zone DC Pawan Kumar Sharma stated, “Property owners benefited from the state government’s waiver, which allowed them to clear their dues immediately. This approach promotes transparency and ensures prompt recovery, while emphasizing the…

InfrastructureLatest Stories

VMRDA to Create 25,000 Middle-Income Plots in Visakhapatnam

Representative AI image VISAKHAPATNAM: The VMRDA is set to develop approximately 25,000 plots for middle-income group layouts by 2026, as stated by Metropolitan Commissioner N Tej Bharath on Friday. “This year, we aim to accomplish 10 major objectives. These include finalizing a master plan that meets citizen needs, completing significant road projects on time, promoting transit-oriented development, and addressing long-standing land disputes,” he said. Further priorities involve laying the groundwork for essential projects within the next six to seven months, modernizing museums managed by VMRDA, building a semi-ring road from Bhogapuram to Rambilli, and identifying challenges in VMRDA’s constituencies,” added…

Latest StoriesRegulatory

Nashik Collects ₹66 Crore in Property Tax in Four Months

NASHIK: The Nashik Municipal Corporation (NMC) successfully collected Rs 66 crore in property taxes from defaulters as part of its amnesty scheme during the September to December period of the current financial year. This brings the total property tax collection for the civic body to Rs 208 crore by the end of December 2025. An official reported that approximately 86,000 defaulters settled their dues, benefiting from rebates totaling Rs 22 crore. The scheme was launched for four months, offering penalty waivers between 85% and 95% for those who paid their outstanding amounts in full. Under standard regulations, the NMC imposes…

InfrastructureLatest Stories

Goa to Launch Land Survey 50 Years After Last One

PANAJI: Over 50 years after the state’s inaugural land survey in 1972, the government is set to initiate a new land survey this month aimed at updating land records and issuing urban property cards (UrPro) to landowners. The survey will begin in three municipal areas, including the Corporation of the City of Panaji (CCP), and the Margao and Cuncolim municipal councils. Unlike the first manual survey, this will utilize digital tools. The Goa (National Geospatial Knowledge Based) Land Survey of Urban Habitations Rules, 2025, has been established to facilitate this initiative. Under Secretary (Revenue-I) Vrushika Kauthankar stated, “When a land…

InfrastructureLatest Stories

500 Acres in Sector 11 Set for AI & Finance Hub by Yamuna Expressway

Representative AI image NOIDA: The Yamuna Expressway Industrial Development Authority (YEIDA) has designated approximately 500 acres in Sector 11 for creating a specialized hub focused on artificial intelligence (AI) and financial services companies. Officials indicate that the acquisition of most of the land has been completed, and efforts will now shift towards attracting businesses to this sector. YEIDA intends to solicit expressions of interest (EOI) from companies looking to establish operations in this area. In addition to AI and financial services, the land will also cater to data centers, banking technology firms, stock market services, and financial software development companies.…

Latest StoriesRera

Karnataka RERA to Mandate Exact Parking Slot Details in Sale Agreements

BENGALURU: In response to homeowner complaints about vague and changing parking allocations, the Karnataka Real Estate Regulatory Authority (K-Rera) is moving to make it compulsory for builders to clearly outline the number, dimensions, type, and exact locations of parking spaces in both allotment letters and sale agreements. “We are currently finalizing these measures,” K-Rera chairman Rakesh Singh informed TOI. The authority is in discussions with Credai, the leading organization for private real-estate developers, and has consulted with representatives from major real-estate firms in the region. “Clearly identifying parking spaces in residential complexes ensures that buyers are well-informed about what they…

Latest StoriesRegulatory

Allahabad HC: No Tenancy Agreement Doesn’t Block Rent Authority

PRAYAGRAJ: In a landmark decision, the Allahabad High Court has determined that the lack of a written tenancy agreement or failure to provide tenancy details does not prevent the rent authority from exercising its jurisdiction. The court stated that, under the Uttar Pradesh Regulation of Urban Premises Tenancy Act, 2021, the rent authority is authorized to consider a landlord’s eviction application even if no written agreement exists and the landlord has not submitted tenancy details. Justice Rohit Ranjan Agarwal, delivering the judgment on December 16, remarked, “This provision leads to the conclusion that the jurisdiction of the rent authority under…